The Enforcement Directorate (ED) is conducting search and survey operations at eight locations in Hazaribagh and Ranchi in connection with a money laundering investigation against former Jharkhand Minister Yogendra Sao and his associates.
The investigation under the Prevention of Money Laundering Act pertains to the generation of substantial proceeds of crime through activities such as extortion, illegal sand mining, and land grabbing.
At least eight premises in Hazaribag and Ranchi were raided since early morning. The action is being undertaken as per the provisions of the Prevention of Money Laundering Act (PMLA), the sources said.
The raids pertains to an ongoing probe into allegations that substantial proceeds of crime were generated through activities such as extortion, illegal sand mining, and land grabbing, the sources said.
Mr. Sao is a Congress leader and a former Agriculture Minister of the State. He was raised and questioned by the ED last year in a money laundering case that was being probed against his MLA daughter Amba Prasad.